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            <City>BAY HARBOR</City>
            <State>FL</State>
            <ZIPCode>33154</ZIPCode>
          </USAddress>
          <Title>TRUSTEE</Title>
          <AvgHoursPerWkDevotedToPosition>0.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>SHEILA ELIAS TAPLIN</PersonName>
          <USAddress>
            <AddressLine1>9999 COLLINS AVENUE PH 1-D</AddressLine1>
            <City>BAL HARBOR</City>
            <State>FL</State>
            <ZIPCode>33154</ZIPCode>
          </USAddress>
          <Title>TRUSTEE</Title>
          <AvgHoursPerWkDevotedToPosition>0.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>AARON S PODHURST</PersonName>
          <USAddress>
            <AddressLine1>25 WEST FLAGLER STREET SUITE 800</AddressLine1>
            <City>MIAMI</City>
            <State>FL</State>
            <ZIPCode>33130</ZIPCode>
          </USAddress>
          <Title>MANAGING TRUSTEE</Title>
          <AvgHoursPerWkDevotedToPosition>0.00</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <CompOfHighestPaidEmplNONE>NONE</CompOfHighestPaidEmplNONE>
        <TotNumberOfOthEmplPaidOver50k>0</TotNumberOfOthEmplPaidOver50k>
        <CompOfHghstPaidCntrctNONE>NONE</CompOfHghstPaidCntrctNONE>
        <TotNumberOfCntrctPaidOver50k>0</TotNumberOfCntrctPaidOver50k>
      </OfcrDirTrusteesKeyEmployeeInfo>
      <SumOfProgramRelatedInvestments>
        <Total>0</Total>
      </SumOfProgramRelatedInvestments>
      <MinimumInvestmentReturn>
        <AvgMonthlyFMVOfSecurities>4758917</AvgMonthlyFMVOfSecurities>
        <AvgMonthlyCashBalances>1768538</AvgMonthlyCashBalances>
        <FMVAllOtherNoncharitableAssets>0</FMVAllOtherNoncharitableAssets>
        <TotalFMVOfUnusedAssets>6527455</TotalFMVOfUnusedAssets>
        <ReductionClaimed>0</ReductionClaimed>
        <AcquisitionIndebtedness>0</AcquisitionIndebtedness>
        <AdjTotalFMVOfUnusedAssets>6527455</AdjTotalFMVOfUnusedAssets>
        <CashDeemedCharitable>97912</CashDeemedCharitable>
        <NetNoncharitableAssets>6429543</NetNoncharitableAssets>
        <MinimumInvestmentReturn>321477</MinimumInvestmentReturn>
      </MinimumInvestmentReturn>
      <DistributableAmount>
        <MinimumInvestmentReturn>321477</MinimumInvestmentReturn>
        <TaxBasedOnInvestmentIncome>3469</TaxBasedOnInvestmentIncome>
        <TotalTax>3469</TotalTax>
        <DistributableAmountBeforeAdj>318008</DistributableAmountBeforeAdj>
        <RecoveriesQlfyDistributions>0</RecoveriesQlfyDistributions>
        <DistributableAmountBeforeDed>318008</DistributableAmountBeforeDed>
        <DeductionFrDistributableAmount>0</DeductionFrDistributableAmount>
        <DistributableAmountAsAdjusted>318008</DistributableAmountAsAdjusted>
      </DistributableAmount>
      <QualifyingDistributions>
        <ExpensesAndContributions>237936</ExpensesAndContributions>
        <ProgramRelatedInvestmentsTotal>0</ProgramRelatedInvestmentsTotal>
        <QualifyingDistributions>237936</QualifyingDistributions>
        <OnePctSect4940eOrgNetInvstIncm>0</OnePctSect4940eOrgNetInvstIncm>
        <AdjQualifyingDistributions>237936</AdjQualifyingDistributions>
      </QualifyingDistributions>
      <UndistributedIncome>
        <DistributableAmountAsAdjusted>318008</DistributableAmountAsAdjusted>
        <UndistributedIncomePriorYear>0</UndistributedIncomePriorYear>
        <TotalForPriorYears>0</TotalForPriorYears>
        <ExcessDistriCarryoverYear5>73684</ExcessDistriCarryoverYear5>
        <ExcessDistriCarryoverYear4>21350</ExcessDistriCarryoverYear4>
        <ExcessDistriCarryoverYear2>83441</ExcessDistriCarryoverYear2>
        <ExcessDistriCarryoverYear1>86266</ExcessDistriCarryoverYear1>
        <TotalExcessDistriCarryover>264741</TotalExcessDistriCarryover>
        <QualifyingDistributions>237936</QualifyingDistributions>
        <AppliedToYear1>0</AppliedToYear1>
        <AppliedToPriorYears>0</AppliedToPriorYears>
        <TreatedAsDistriFromCorpus>0</TreatedAsDistriFromCorpus>
        <AppliedToCurrentYear>237936</AppliedToCurrentYear>
        <RemainingDistriFromCorpus>0</RemainingDistriFromCorpus>
        <ExcessDistriCyovAppCYCorpus>80072</ExcessDistriCyovAppCYCorpus>
        <ExcessDistriCyovAppliedCY>80072</ExcessDistriCyovAppliedCY>
        <TotalCorpus>184669</TotalCorpus>
        <PriorYearUndistributedIncome>0</PriorYearUndistributedIncome>
        <PriorYearDeficiencyOrTax>0</PriorYearDeficiencyOrTax>
        <TaxableAmount1>0</TaxableAmount1>
        <TaxableAmount2>0</TaxableAmount2>
        <UndistributedIncomeCY>0</UndistributedIncomeCY>
        <DistriFromCorpus170b1EOr4942g3>0</DistriFromCorpus170b1EOr4942g3>
        <ExcessDistriCyovFromYear5>0</ExcessDistriCyovFromYear5>
        <ExcessDistriCyovToNextYear>184669</ExcessDistriCyovToNextYear>
        <ExcessFromYear4>14962</ExcessFromYear4>
        <ExcessFromYear2>83441</ExcessFromYear2>
        <ExcessFromYear1>86266</ExcessFromYear1>
      </UndistributedIncome>
      <SupplementaryInformation>
        <ContributingManager>JACK G TAPLIN</ContributingManager>
        <ContributingManager>MARTIN W TAPLIN</ContributingManager>
        <ContributingManager>SHEILA ELIAS TAPLIN</ContributingManager>
        <AppicationSubmissionInfo>
          <RecipientName>SOL TAPLIN CHARITABLE FOUNDATION CO</RecipientName>
          <RecipientUSAddress>
            <AddressLine1>7027 W BROWARD BLVD 2116</AddressLine1>
            <City>PLANTATION</City>
            <State>FL</State>
            <ZIPCode>33317</ZIPCode>
          </RecipientUSAddress>
          <RecipientPhoneNumber>9545840715</RecipientPhoneNumber>
          <FormAndInfoAndMaterials>ORGANIZATIONS SUBMIT REQUESTS IN LETTER FORM DESCRIBING THEIR ACTIVITIES AND THE REASON FOR THEIR REQUEST. THEY MAY ALSO SUBMIT ADDITIONAL LITERATURE CONCERNING THEIR ACTIVITIES AS THEY FEEL NECESSARY TO SUPPORT THEIR REQUEST.</FormAndInfoAndMaterials>
          <SubmissionDeadlines>NONE</SubmissionDeadlines>
          <RestrictionsOnAwards>NONE</RestrictionsOnAwards>
        </AppicationSubmissionInfo>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>COCONUT GROVES CARES INC</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>3870 WASHINGTON AVE</AddressLine1>
            <City>COCONUT GROVE</City>
            <State>FL</State>
            <ZIPCode>33133</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL CONTRIBUTION</PurposeOfGrantOrContribution>
          <Amount>20000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>NOVA SOUTHEASTERN UNIVERSITY</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>3301 COLLEGE AVE</AddressLine1>
            <City>FORT LAUDERDALE</City>
            <State>FL</State>
            <ZIPCode>33314</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>RESTRICTED GRANT - PSYCHOLOGICAL TREATMENT</PurposeOfGrantOrContribution>
          <Amount>25000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>TEMPLE BETH AM DAY SCHOOL</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>5950 N KENDALL DRIVE</AddressLine1>
            <City>PINECREST</City>
            <State>FL</State>
            <ZIPCode>33156</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL CONTRIBUTION</PurposeOfGrantOrContribution>
          <Amount>25000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>MIAMI CHILDREN'S MUSEUM</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>980 MACARTHUR CAUSEWAY</AddressLine1>
            <City>MIAMI BEACH</City>
            <State>FL</State>
            <ZIPCode>33132</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL CONTRIBUTION</PurposeOfGrantOrContribution>
          <Amount>25000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>LEHRMAN COMMUNITY DAY SCHOOL</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>727 LEHRMAN DRIVE</AddressLine1>
            <City>MIAMI BEACH</City>
            <State>FL</State>
            <ZIPCode>33141</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL CONTRIBUTION</PurposeOfGrantOrContribution>
          <Amount>5300</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>UNIVERSITY OF MIAMI SCHOOL OF MEDICINE - INSTITUTE</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1500 NW 12 AVE</AddressLine1>
            <City>MIAMI</City>
            <State>FL</State>
            <ZIPCode>33136</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>RESTRICTED GRANT - SUPPORT OF INSTITUTE</PurposeOfGrantOrContribution>
          <Amount>100000</Amount>
        </GrantOrContriPaidDuringYear>
        <GrantOrContriPaidDuringYear>
          <RecipientBusinessName>
            <BusinessNameLine1>UNIVERSITY OF MIAMI SCHOOL OF MEDICINE - DEPT OF PEDIATRICS</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1601 NW 12 AVE</AddressLine1>
            <City>MIAMI</City>
            <State>FL</State>
            <ZIPCode>33136</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>GENERAL CONTRIBUTION</PurposeOfGrantOrContribution>
          <Amount>25000</Amount>
        </GrantOrContriPaidDuringYear>
        <TotGrantOrContriPaidDuringYear>225300</TotGrantOrContriPaidDuringYear>
        <GrantOrContriApprovedForFuture>
          <RecipientBusinessName>
            <BusinessNameLine1>UNIVERSITY OF MIAMI SCHOOL OF MEDICINE - INSTITUTE</BusinessNameLine1>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1>1500 NW 12 AVE</AddressLine1>
            <City>MIAMI</City>
            <State>FL</State>
            <ZIPCode>33136</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>NONE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>RESTRICTED GRANT - SUPPORT OF INSTITUTE</PurposeOfGrantOrContribution>
          <Amount>700000</Amount>
        </GrantOrContriApprovedForFuture>
        <TotGrantOrContriApprovedFuture>700000</TotGrantOrContriApprovedFuture>
      </SupplementaryInformation>
      <AnalysisIncomeProducingActy>
        <DividendsAndIntFromSecPartVII>
          <ExclusionCode>14</ExclusionCode>
          <ExclusionAmount>193936</ExclusionAmount>
        </DividendsAndIntFromSecPartVII>
        <GainSalesAssetsOthThanInvntry>
          <ExclusionCode>18</ExclusionCode>
          <ExclusionAmount>20569</ExclusionAmount>
        </GainSalesAssetsOthThanInvntry>
        <SubtotalsPartXVIA>
          <UnrelatedBusinessIncomeAmount>0</UnrelatedBusinessIncomeAmount>
          <ExclusionAmount>214505</ExclusionAmount>
          <RelatedOrExemptFunctionIncome>0</RelatedOrExemptFunctionIncome>
        </SubtotalsPartXVIA>
        <TotalPartXVIA>214505</TotalPartXVIA>
      </AnalysisIncomeProducingActy>
      <TrnsfrTrRlnWithNoncharitableEO>
        <TrnsfrOfCashToNoncharitableEO>0</TrnsfrOfCashToNoncharitableEO>
        <TrnsfrOthAssetsNoncharitableEO>0</TrnsfrOthAssetsNoncharitableEO>
        <SalesOrExchangesOfAssets>0</SalesOrExchangesOfAssets>
        <PurchaseAssetsNoncharitableEO>0</PurchaseAssetsNoncharitableEO>
        <RentalOfFacilitiesEtc>0</RentalOfFacilitiesEtc>
        <ReimbursementArrangements>0</ReimbursementArrangements>
        <LoansOrLoanGuarantees>0</LoansOrLoanGuarantees>
        <PerformanceOfServicesEtc>0</PerformanceOfServicesEtc>
        <SharingOfFacilitiesEtc>0</SharingOfFacilitiesEtc>
        <RelationshipsNoncharitableEOs>0</RelationshipsNoncharitableEOs>
      </TrnsfrTrRlnWithNoncharitableEO>
    </IRS990PF>
    <AccountingFeesSchedule documentId="RetDoc2002200001">
      <AccountingFees>
        <Category>ACCOUNTING FEES</Category>
        <Amount>10468</Amount>
        <NetInvestmentIncome>3140</NetInvestmentIncome>
        <DisbursementsCharitablePrps>7328</DisbursementsCharitablePrps>
      </AccountingFees>
    </AccountingFeesSchedule>
    <InvestmentsCorpBondsSchedule documentId="RetDoc2044400001">
      <InvestmentsCorpBonds>
        <NameOfBond>ANTHEM, INC.</NameOfBond>
        <EOYBookValue>149892</EOYBookValue>
        <EOYFMV>159305</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>KRAFT FOODS, INC.</NameOfBond>
        <EOYBookValue>99896</EOYBookValue>
        <EOYFMV>113268</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>TIME WARNER CABLE, INC.</NameOfBond>
        <EOYBookValue>74651</EOYBookValue>
        <EOYFMV>86404</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>RIO TINTO FINANCE, PLC</NameOfBond>
        <EOYBookValue>49403</EOYBookValue>
        <EOYFMV>60044</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>NEXTERA ENERGY CAPITAL HOLDING</NameOfBond>
        <EOYBookValue>100000</EOYBookValue>
        <EOYFMV>119591</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>MERRILL LYNCH</NameOfBond>
        <EOYBookValue>248772</EOYBookValue>
        <EOYFMV>274223</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>KINDER MORGAN ENER PART PUTABLE 02/11/12 @ 100</NameOfBond>
        <EOYBookValue>99972</EOYBookValue>
        <EOYFMV>128237</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>ENERGY TRANSFER PARTNERS</NameOfBond>
        <EOYBookValue>74997</EOYBookValue>
        <EOYFMV>93255</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>CITIZENS COMM. CO.</NameOfBond>
        <EOYBookValue>518750</EOYBookValue>
        <EOYFMV>512500</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>TYCO ELECTRONICS GROUP S</NameOfBond>
        <EOYBookValue>69600</EOYBookValue>
        <EOYFMV>143882</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>KOHLS CORPORATION</NameOfBond>
        <EOYBookValue>47328</EOYBookValue>
        <EOYFMV>74981</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>HUMANA, INC.</NameOfBond>
        <EOYBookValue>36500</EOYBookValue>
        <EOYFMV>60652</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>WEATHERFORD INTL LTD</NameOfBond>
        <EOYBookValue>48716</EOYBookValue>
        <EOYFMV>70193</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>TELECOM ITALIA CAPITAL</NameOfBond>
        <EOYBookValue>86500</EOYBookValue>
        <EOYFMV>99991</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>GMAC, LLC</NameOfBond>
        <EOYBookValue>168817</EOYBookValue>
        <EOYFMV>132065</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>STAPLES INC</NameOfBond>
        <EOYBookValue>0</EOYBookValue>
        <EOYFMV>0</EOYFMV>
      </InvestmentsCorpBonds>
      <InvestmentsCorpBonds>
        <NameOfBond>SPRINT CORP</NameOfBond>
        <EOYBookValue>0</EOYBookValue>
        <EOYFMV>0</EOYFMV>
      </InvestmentsCorpBonds>
    </InvestmentsCorpBondsSchedule>
    <InvestmentsCorpStockSchedule documentId="RetDoc2018900001">
      <InvestmentsCorpStock>
        <NameOfStock>AMERICAN EXPRESS</NameOfStock>
        <EOYBookValue>45607</EOYBookValue>
        <EOYFMV>103400</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>AT&amp;T INC.</NameOfStock>
        <EOYBookValue>51900</EOYBookValue>
        <EOYFMV>62820</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>BOEING CO.</NameOfStock>
        <EOYBookValue>68083</EOYBookValue>
        <EOYFMV>147860</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>BOSTON SCIENTIFIC CORP.</NameOfStock>
        <EOYBookValue>29840</EOYBookValue>
        <EOYFMV>27640</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>BRISTOL-MEYERS SQUIBB CO.</NameOfStock>
        <EOYBookValue>97170</EOYBookValue>
        <EOYFMV>115840</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>COMCAST CORP-CLASS A</NameOfStock>
        <EOYBookValue>130451</EOYBookValue>
        <EOYFMV>164710</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>CONAGRA</NameOfStock>
        <EOYBookValue>73643</EOYBookValue>
        <EOYFMV>77430</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>CSX CORP.</NameOfStock>
        <EOYBookValue>32865</EOYBookValue>
        <EOYFMV>39330</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>DOW CHEMICAL</NameOfStock>
        <EOYBookValue>70510</EOYBookValue>
        <EOYFMV>79200</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>FRONTIER COMMUNICATIONS CORP.</NameOfStock>
        <EOYBookValue>3779</EOYBookValue>
        <EOYFMV>3874</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>GENERAL ELECTRIC</NameOfStock>
        <EOYBookValue>88575</EOYBookValue>
        <EOYFMV>56580</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>GENWORTH FINANCIAL, INC.</NameOfStock>
        <EOYBookValue>48750</EOYBookValue>
        <EOYFMV>25700</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>GLAXOSMITHKLINE PLC-SPON ADR</NameOfStock>
        <EOYBookValue>38880</EOYBookValue>
        <EOYFMV>42900</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>HEWLETT-PACKARD CO.</NameOfStock>
        <EOYBookValue>110258</EOYBookValue>
        <EOYFMV>109200</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>HOME DEPOT</NameOfStock>
        <EOYBookValue>70718</EOYBookValue>
        <EOYFMV>72440</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>INTEL</NameOfStock>
        <EOYBookValue>124750</EOYBookValue>
        <EOYFMV>110800</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>JOHNSON &amp; JOHNSON</NameOfStock>
        <EOYBookValue>25814</EOYBookValue>
        <EOYFMV>33260</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>JP MORGAN CHASE &amp; CO.</NameOfStock>
        <EOYBookValue>68200</EOYBookValue>
        <EOYFMV>81880</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>KEY CORP.</NameOfStock>
        <EOYBookValue>79430</EOYBookValue>
        <EOYFMV>24990</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>KOHLS CORP.</NameOfStock>
        <EOYBookValue>28386</EOYBookValue>
        <EOYFMV>25005</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>KRAFT FOODS, INC-A</NameOfStock>
        <EOYBookValue>52645</EOYBookValue>
        <EOYFMV>70460</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>KROGER COMPANY</NameOfStock>
        <EOYBookValue>60861</EOYBookValue>
        <EOYFMV>74400</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>LOWE'S COMPANIES</NameOfStock>
        <EOYBookValue>84100</EOYBookValue>
        <EOYFMV>186480</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>MARSH &amp; MCLENNAN COMPANIES</NameOfStock>
        <EOYBookValue>73945</EOYBookValue>
        <EOYFMV>93570</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>MCDONALD'S CORP.</NameOfStock>
        <EOYBookValue>17300</EOYBookValue>
        <EOYFMV>84320</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>MEDTRONIC, INC.</NameOfStock>
        <EOYBookValue>73640</EOYBookValue>
        <EOYFMV>77060</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>MERCK &amp; CO., INC.</NameOfStock>
        <EOYBookValue>136768</EOYBookValue>
        <EOYFMV>207611</EOYFMV>
      </InvestmentsCorpStock>
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